Management Agreement Renewal Letter between Ceres Managed Futures LLC and PGR Capital LLP (June 2015)
Ceres Managed Futures LLC and PGR Capital LLP have agreed to extend the term of their existing management agreements for three commodity pools—PGR Master Fund L.P., Diversified 2000 Futures Fund L.P., and MSSB Spectrum Strategic L.P.—through June 30, 2016. All other terms of the original management agreements remain unchanged. The extension is confirmed by both parties signing this letter.
Exhibit 10.7(a)
| 522 Fifth Avenue New York, NY 10036 |
June 1, 2015
PGR Capital LLP
Liberty House
222 Regent Street
London W1B STR,
UK
Attention: Casey Grylls
| Re: | Management Agreement Renewals |
Dear Mr. Grylls:
We are writing with respect to your management agreements concerning the commodity pools to which reference is made below (the “Management Agreements”). We are extending the term of the Management Agreements through June 30, 2016 and all other provisions of the Management Agreements will remain unchanged.
| • | PGR Master Fund L.P. |
| • | Diversified 2000 Futures Fund L.P. |
| • | MSSB Spectrum Strategic L.P. |
Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Mr. Patrick T. Egan at 522 Fifth Avenue – 7th Floor, New York, NY 10036 or fax to ###-###-####. If you have any questions, I can be reached at ###-###-#### or contact Jack Yuen at ###-###-####.
| Very truly yours,
CERES MANAGED FUTURES LLC | ||
| By: |  | |
| Patrick T. Egan President and Director | ||
| PGR CAPITAL LLP | ||
| By: |  | |
| Print Name: | CASEY GRYLLS | |
| PE/kg | PARTNER | |
